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Passive income(lemmy.world)

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Flying Squid@lemmy.world
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Zoidberg@lemm.ee
39 points

What a silly post…

First, where are you going to find a 8% treasury bond? Even a few months ago, when they were giving record yields, it didn’t even get close to that.

Second, if you borrow $3m with high interest rates (needed to get high yield treasurys) you’ll also pay a high rate on your loan. Duh.

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Cralder@lemmy.world
34 points
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Pretty sure the post assumes you have $3m just sitting in your bank account.

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Lemmchen@feddit.org
9 points

Even then there’s no investment with guaranteed 8% interest.

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